2009 Annual Report - American Farmland Trust
2009 Annual Report - American Farmland Trust
2009 Annual Report - American Farmland Trust
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Summary of Activities<br />
For the fiscal year ending September 30, <strong>2009</strong><br />
support and revenue fy <strong>2009</strong><br />
Contributions from<br />
Members and Donors 2,863,000<br />
Foundations (See Note 1) 1,144,000<br />
Corporations 154,000<br />
Governments 1,151,000<br />
Nonprofits and Other Organizations 375,000<br />
Bequests 950,000<br />
Interest and Other Income 680,000<br />
Net Unrealized Gains (Losses) (See Note 2) (407,000)<br />
Total Revenue and Other Income 6,910,000<br />
Notes:<br />
1. In compliance with FASB Statement No. 116 and 117, all<br />
written unconditional promises to give in the current<br />
and future years must be fully recognized in the year of<br />
notification.<br />
2. In compliance with FASB Statement No. 124, all investments<br />
in equity securities with readily determinable fair value are<br />
reported at their fair value. The net unrealized gains (losses)<br />
reflect the increase (decrease) in fair value in FY09.<br />
Additional financial statements are available upon request.<br />
expenses fy <strong>2009</strong><br />
State and Local Programs 4,947,000<br />
Research and Technical Education 81,000<br />
Federal and Public Policy 67,000<br />
Public Education 735,000<br />
Communication and Media Outreach 591,000<br />
Other Programs 155,000<br />
Total Programs 6,576,000<br />
Management & General 361,000<br />
Fundraising 1,213,000<br />
Membership 456,000<br />
Total Expenses 8,606,000<br />
net assets<br />
Beginning of Year 19,077,000<br />
End of Year 17,381,000<br />
Change in Net Assets (1,696,000)<br />
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